Common use of Transitional Services Agreements Clause in Contracts

Transitional Services Agreements. 6.5.1 The parties (each acting reasonably and in good faith) shall, as soon as reasonably practicable after the date of this Agreement and in any case by no later than Closing: (i) meet to review the scope and final form of the services schedules (including service descriptions) to each of the Transitional Services Agreement and the Reverse Transitional Services Agreement; and (ii) to the extent not otherwise required by the Tax Indemnity, work together to agree certain central tax services in a services schedule to the Central Services TSA for tax compliance support in respect of transfer pricing documentation, global country-by-country tax reporting and audit support (in each case, only in respect of the Straddle Periods and Pre-Closing Tax Periods as defined in the Tax Indemnity). 6.5.2 If, prior to Closing, the parties agree any changes in writing to the services schedules as referred to in paragraph (i) above or any new tax services schedule as referred to in paragraph (ii) above, the relevant services schedules in the Transitional Services Agreement and the Reverse Transitional Services Agreement (as the case may be) shall be amended accordingly. For the avoidance of doubt, failure by the parties to reach agreement on any amendments to the existing schedules or any new central tax services as referred to above shall not delay Closing or closing of any Wider Acquisition Document and the parties and the seller and the purchaser under each of the Wider Acquisition Documents shall satisfy their respective relevant closing obligation by delivering the relevant Transitional Services Agreement or Reverse Transitional Agreement (as the case may be) in the Agreed Terms.